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The world's last VCR will be manufactured this month

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Japan's Funai Electric, which claims to be the world's last VCR manufacturer, says it will cease production of the machines this month.

The company began manufacturing video-cassette recorders in 1983, and was selling 15 million units a year at its peak.

Last year, the company sold 750,000 units.

VCRs for home use were introduced in the 1960s.

Read more from CNNMoney.

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